901 Lindberg St · Skellytown, TX 79080

$154,900

4 bd · 1.0 ba · 3,183 sqft · SingleFamily public records · 38 Days on market

Built 1925 0.36 ac lot ↓ 3% since listing

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.2/30.0
• ARV discount +7.5/15.0
• Schools +4.3/10.0
• 1% rule +4.1/10.0
• DSCR +4.0/10.0
• Appreciation +3.3/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Incredible Opportunity in Skellytown! Approx 15 minutes from White Deer & Pampa, Close proximity to the Data Centers! Incredible Price for this Huge Home on large Corner Lot! This 4/3/4 Home is Huge! Huge dining room and kitchen, with updated cabinets, including a fold out pantry! Huge living room! Couple of Flex Rooms- Craft Room, Office, etc! Great home for a family to give it some TLC & make it their own, great Generational Home, especially with 2 bathrooms with walk in showers, or Perfect Investment for a rental opportunity with the 4 bedrooms & 3 bathrooms! Huge RV Garage for 2 RV's! 2 detached single car garages! Double paned windows, newer sewer line! Central heat

Key facts

• Office
• Craft room
• Updated cabinets

Tags

• CORNER LOT
• UPDATED CABINETS
• FOLD OUT PANTRY
• FLEX ROOMS
• CRAFT ROOM
• OFFICE

Property features AI

Exterior

• Parking: Detached garage; 4-car garage; Carport; Garage faces side and front; Additional parking; RV access/parking
• Utilities: Public water; Public sewer
• Home design: Single family residence; One level
• Construction: Frame construction; Pillar/Post/Pier foundation; Metal roof; Built for residential use
• Exterior features: Corner lot; Workshop

Interior

• Kitchen: Disposal; Double oven; Range; Refrigerator
• Bathrooms: 1 full bathroom; 2 three-quarter bathrooms
• Heating & cooling: Central heating (natural gas); Central air conditioning (electric); Ceiling fans
• Interior features: In-law floorplan; Pantry
• Laundry & utility: Gas water heater; Electric water heater

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $155k.

Deal economics

• At list price, monthly cash flow is $-4 ($-49/yr) — negative.
• To cash-flow at today's rent, offer at most $154k (0.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $142k (8.6% below list).
• Recommended offer: $142k (8.6% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 60/100 on livability (#1,074 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing B; Watch: employment C-, crime F, amenities F.
• White Deer ISD (rural): math 45% / reading 48% proficiency, ranked #439 of 1,141 in TX (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: White Deer El (math 32% / reading 42%, grade F, #1,769 of 4,322 statewide, top 44%, 183 students, 55% FRL); White Deer H S (math 52% / reading 57%, grade C-, #379 of 1,632 statewide, top 26%, 151 students, 51% FRL).
• Market conditions: 4 active listings in the ZIP; 39 units permitted in Carson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Carson County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($150k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,607 (8.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
3. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.91% ✗
• Cap rate: 6.26%
• Cash-on-cash: -0.11%
• DSCR: 1.00
• GRM: 9.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.42×
• Total profit: $-25,305
• Equity at exit: $23,096

10-year hold

• IRR: -8.1%
• Equity multiple: 0.49×
• Total profit: $-22,150
• Equity at exit: $13,393

Cash invested: $43,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79080

• Home prices YoY: -3.5%
• Active inventory: 4
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,416 medium
• Mortgage (P&I): −$812
• Tax from tax record: −$246 /mo · $2,951/yr
• Insurance: −$65
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $-4

Break-even live

Break-even rent $1,421

Max offer price $154,185

Occupancy floor 95%

Sensitivity live

Price	-10% $84	-5% $40	+0% $-4	+5% $-48	+10% $-92
Rent	-10% $-116	-5% $-60	+0% $-4	+5% $52	+10% $108
Rate	-1.0pp $74	-0.5pp $35	base $-4	+0.5pp $-44	+1.0pp $-85

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $38,725
• Closing costs: $4,647
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-21
   days on market $154,900 Active 38 DOM
2. 2026-06-21
   days on market $154,900 Active 37 DOM
3. 2026-06-18
   price $154,900 Active 35 DOM
4. 2026-06-18
   days on market $159,900 Active 35 DOM
5. 2026-06-17
   days on market $159,900 Active 34 DOM
6. 2026-06-16
   days on market $159,900 Active 33 DOM
7. 2026-06-15
   days on market $159,900 Active 32 DOM
8. 2026-06-15
   days on market $159,900 Active 31 DOM
9. 2026-06-13
   days on market $159,900 Active 30 DOM
10. 2026-06-12
    days on market $159,900 Active 29 DOM
11. 2026-06-09
    days on market $159,900 Active 26 DOM
12. 2026-06-08
    days on market $159,900 Active 25 DOM
13. 2026-06-08
    days on market $159,900 Active 24 DOM
14. 2026-06-06
    days on market $159,900 Active 23 DOM
15. 2026-06-03
    days on market $159,900 Active 20 DOM
16. 2026-06-02
    pricedays on market $159,900 Active 19 DOM
17. 2026-06-01
    days on market $165,000 Active 18 DOM
18. 2026-05-31
    days on market $165,000 Active 17 DOM
19. 2026-05-14
    listed $165,000 Active 824-char remark
20. 1995-08-02
    soldstatus
21. 1992-04-24
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,951 · $246/mo
• Projected year-2 tax: $2,951 · $246/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 10/10 Extreme
• 🌡 Heat 5/10 Major 6 d/yr ≥99°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,993
• − Mortgage interest: −$8,677
• − Property taxes: −$2,951
• − Insurance: −$774
• − Repairs & maintenance: −$1,359
• − Management: −$1,359
• − Depreciation: −$4,506
• Taxable loss: −$2,634
• Est. tax savings @ 24.0%: +$632
• After-tax cash flow: $584/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: White Deer ISD
• NCES district ID: 4845450
• Math proficiency: 45% ▼ -5.00%
• Reading proficiency: 48% ▼ -1.00%
• Median HH income: $59,137
• Composite: 42.91/100
• National rank: #6705
• State rank: #439 of 1141 in TX

Livability — Skellytown

• Score: 60/100
• State rank: #1074
• US rank: #19056

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment C- Housing B Health & safety F User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Skellytown, TX
• Population (ZIP): 498

Population outlook (Carson County) Hauer SSP2

• Today (2025): 5,631 people
• By 2030: 5,516 · -2.0%
• By 2040: 5,190 · -7.8%
• By 2050: 5,007 · -11.1%
• By 2075: 4,509 · -19.9%
• By 2100: 3,458 · -38.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Hispanic / Latino 5% Two or more races 5% Asian 2% Black 1%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Serbian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 92% English-only · Spanish 7% Chinese 2%

Political lean MEDSL · Carson

• 2024 margin: Solid R (+81.2) · D 9.1% · R 90.3%
• 2008→2024 swing: -9.3pp toward R · 2008: -71.9pp · 2024: -81.2pp
• All cycles: 2024: R+81.2 2020: R+79.5 2016: R+80.4 2012: R+77.8 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.44%
• Current HPI: 95.2703
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-3.1% since first listed

4 events — show timeline

• 2026-06-02 Price Changed $159,900 AARMLS
• 2026-05-14 Listed $165,000 AARMLS
• 1995-08-02 Sold (Public Records) — Public Records
• 1992-04-24 Sold (Public Records) — Public Records

Property tax history

+8.9%/yr

Latest (2025): $2,951 · +47.0% YoY. Source: county tax records.